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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers using a money back program.
All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get the rest of the discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site first. .
TopCashBack is somewhat better with the average cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you need to buy stuff to get the money back but its free money on the things you were going to buy anyway. .
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Our next passive income idea is blogging. Im not a huge fan of the term blogger because it sounds like youre only writing random notes on a website. In reality, owning your own piece of digital real estate is big money.
I started my own websites in December 2014 and broke $5,000 per month just a couple of decades after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to take work starting out. That route to $5,000 a month didnt happen overnight but only like property development, it build an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time away. .
Now Im working on a video to talk about five secrets for starting a blog that Ive learned over the last four years out of how to boost traffic to the easiest ways to earn money so make sure you subscribe to the channel so you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source however, is to simply get started. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.
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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess money to begin your blog. I was making a grand a month off my sites within a year of launching so even if your site isnt big enough to replace your job, a grand per month remains pretty nice for a mostly passive income resource. .
I talked about this next passive income idea in a recent video on the five investments that helped me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 months I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I reveal the four secrets I learned more than 20 years as a real estate investor. Four measures to take that will guarantee your success! Watch the video here on YouTube.
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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so real estate this website has always had a special spot in my portfolio. No other advantage has created as much long-term wealth as property.
There are a couple problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different land types and in different regions to protect from these dangers when you have all your money in only one or two investments. .
StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it retains a collection of properties but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify your real estate exposure. .
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The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have obtained or managed over $5.4 billion in property and across all real estate types.